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Dril-Quip, Inc. (DRQ)At 2:35PM ET: 37.34  Up 0.51 (1.38%)  
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Dril-Quip, Inc.
13550 Hempstead Highway
Houston, TX 77040
United States - Map
Phone: 713-939-7711
Fax: 713-939-8063
Web Site: http://www.dril-quip.com

DETAILS 
Index Membership:S&P 600 SmallCap
S&P 1500 Super Comp
Sector:Basic Materials
Industry:Oil & Gas Equipment & Services
Full Time Employees:2,051

BUSINESS SUMMARY 
Dril-Quip, Inc. designs, manufactures, fabricates, inspects, assembles, tests, and markets engineered offshore drilling and production equipment for use in deepwater, harsh environment, and severe service applications worldwide. Its principal products consist of subsea and surface wellheads, subsea and surface production trees, subsea control systems and manifolds, mudline hanger systems, specialty connectors and associated pipe, drilling and production riser systems, liner hangers, and wellhead connectors and diverters. The company’s products are used to explore for oil and gas on offshore drilling rigs, such as floating rigs and jack-ups. Its products are also used for drilling and production of oil and gas wells on offshore platforms; TLPs, which are floating production platforms connected to the ocean floor via vertical mooring tethers; Spars, a floating cylindrical structure; and floating production, storage, and offloading monohull moored vessels. In addition, the company provides services, including technical advisory services, rework and reconditioning services, and rental of running tools for use in the installation and retrieval of its products. It serves integrated, independent, and foreign national oil and gas companies, as well as offshore drilling contractors, and engineering and construction companies. Dril-Quip, Inc. was founded in 1981 and is based in Houston, Texas.
Key Statistics

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    HOTJOBS JOB POSTINGS 
     2nd shift Tool cutter/ Grinder
     Dimensional Inspector
     EDM - Machinist
    More job openings...
    Brought to you by HotJobs

    CORPORATE GOVERNANCE 
    Dril-Quip, Inc.'s Corporate Governance Quotient (CGQ®) as of 1-Jul-09 is better than 3.7% of S&P 600 companies and 16.9% of Energy companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Mr. Larry E. Reimert , 61
    Co-Chairman, Co-Chief Exec. Officer of Fin., Engineering & Product Devel.
    $ 1.02M $ 15.45M
    Mr. Gary D. Smith , 66
    Co-Chairman, Co-Chief Exec. Officer, Director of Admin., Sales, Training & Service and Sec.
    $ 1.02M $ 19.20M
    Mr. J. Mike Walker , 65
    Co-Chairman, Co-Chief Exec. Officer of Manufacturing, Purchasing & Facilities
    $ 1.02M $ 11.83M
    Mr. Jerry M. Brooks , 57
    Chief Financial Officer, Principal Accounting Officer and VP of Fin.
    $ 325.00K $ 605.00K
    Dollar amounts are as of 31-Dec-08 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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